Consumer spending
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Latest research from Mintel's flagship British Lifestyles report finds that spending has hit a record high as British consumers parted with as much as £1 trillion (a million million) last year alone. On average this works out at around £37,000 for every household across Britain today. These levels of spending* show a massive 43% increase in real terms (once inflation has been taken into account) on 1995 figures, when spend stood at just a little over £540 billion.
In real terms, growth ov...
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